High Impact Performance Incentive
| Cash grants for eligible new and expanding high-tech businesses that invest a significant amount of money and create a significant number of new jobs in Florida. Since the start of the program, the state has approved five grants to four businesses and, through June 2004, paid $17.8-million. |
| Applicant | Approval Date | County | Award | New Jobs Projected | Capital Investment Projected | Total Payments |
Status
|
| Agere Systems | 9/17/98 | Orange | $8,500,000 | 200 | $300,000,000 | $4,250,000 |
Inactive
|
| Agere Systems | 8/18/99 | Orange | $6,500,000 | 100 | $700,000,000 | $3,250,000 |
Inactive
|
| Boeing Company | 7/24/98 | Brevard | $4,000,000 | 250 | $250,000,000 | $4,000,000 |
Complete
|
| Lockheed Martin | 7/25/00 | Brevard | $2,000,000 | 150 | $680,000,000 | $2,000,000 |
Complete
|
| Pratt & Whitney | 1/31/00 | Palm Beach | $8,750,000 | 1300 | $101,899,000 | $4,375,000 |
Active
|
| Totals: | --- | --- | $29,750,000 | 2,000 | $2,031,899,000 | $17,875,000 |
|
| Source: Governor's Office of Tourism, Trade and Economic Development | |||||||